Safemark Systems Has Been Named a Preferred Vendor
With Loews Hotels

ORLANDO (May 1, 2006)—Safemark Systems has been named a preferred vendor of guest room safes for Loews Hotels throughout the U.S. and Canada.

Safemark was selected for its ability to support Loews Hotels’ promise of customized comfort and a “home away from home” to their discerning business and leisure travelers. Through Safemark Loews will have access to one of the broadest ranges of superior guest room safes featuring the latest technological advances. Safemark safes are sized to accommodate valuables from laptops to purses to give guests peace of mind to enjoy their Loews experience.

“At Loews Hotels, our primary goal is to provide an outstanding guest experience,” said Bruce Green, Director of Purchasing, Loews Hotels. “Safemark Systems provides exemplary customer service that mirrors our own high standards. We are excited to embark on a business relationship that we are confident will benefit both our guests and our company.”

Dick Hudak, Director of Corporate Security, Loews Corporation, advised “We selected Safemark as a Preferred Vendor based upon the company’s commitment to service, quality products, fair pricing as well as the integrity of the company’s management team“
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The new agreement with Loews Hotels comes on the heels of Safemark’s recently announced preferred vendor agreements with Cendant’s Timeshare Resort Group and with Milenium Grupo Hotelero in Mexico.
One of the leading providers of in-room safes, Safemark Systems has installed close to 500,000 safes in properties throughout North America, Canada and Mexico.

“We’re delighted to be named a preferred in-room safe vendor for Loews Hotels,” says John Foley, Vice President of Safemark Systems. “Their properties provide an exceptional guest experience. We look forward to contributing our part to their on-going success.”

Headquartered in Orlando, Safemark offers a wide variety of safes in various configurations that are designed to meet the needs of travelers and businesses.

Depending on the size and shape, the various models are designed to safely store such items as laptops, palm pilots, video and digital cameras, purses, jewelry and much more. The safes come with a variety of locking systems, including mechanical key access, digital access/motorized locking, personal code entry and card swipe option (room key/credit card).

For more information about Safemark Systems and their products, contact John Foley, Vice President, Safemark Systems, at (214) 495-9500 or e-mail jfoley@safemark.com.

About Safemark Systems: Safemark Systems is a leading provider of in-room safes to the North American hospitality market. Over the past 23 years, the company has installed close to half a million safes in hotels and resorts located in the United States, Canada, the Caribbean and Mexico, and is the only company to offer a 5-year/$5,000 warranty for theft against forcible entry with any of their safes. The company pioneered the revenue
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sharing guestroom program concept, offering hotels a no-cost method to generate additional income while providing their guests the security of in-room safes.

Unparalleled in its reputation for exemplary customer service, Safemark recently ranked in the top 5% for overall customer satisfaction in an independent study of leading hotel franchisors and hotel operators.

Safemark operates an extensive sales and distribution network throughout North America, and enjoys alliances with such prominent hospitality organizations as Avendra, Best Western, Cendant, Choice, Carlson (Radisson), Interstate Hotels, Marriott, USFS, Wyndham and Walt Disney World. Safemark is a portfolio company of American Capital Strategies (NASDAQ: ACAS). For more information, please call 800-255-8818 or visit www.safemark.com.
About Loews Hotels: Loews Hotels currently owns and/or operates 20 hotels and resorts in the U.S. and Canada. The latest addition to the Loews portfolio is the 355 room Madison Hotel, 15th and M Streets, Washington, DC. For reservations or more information on Loews Hotels, call 1-800-23-LOEWS or check www.loewshotels.com.

 


 
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